Search For "divestment"
After Air India, govt to disinvest BPCL, float LIC IPO by last quarter of
Updated : 4 years, 5 months ago IST
New Delhi [India], October 14 (ANI): Following the successful completion of the disinvestment of Air India, the government expects to carry out the divestment of BPCL in the current financial year. The government will also come up with Initial Public offerings (IPO) of Life Insurance Company
Read More
Air India divestment: Government looking forward to its logical conclusion
Updated : 4 years, 6 months ago IST
New Delhi [India], September 16 (ANI): National carrier Air India's divestment bids have been submitted by bidders including Tata Group along with SpiceJet Chairman Ajay Singh in his personal capacity.
Read More
Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 4 years, 6 months ago IST
Singapore, September 7 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus.
Read More
L&T concludes divestment of 99 MW hydro power plant with Renew Power
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 31 (ANI): Larsen & Toubro has concluded the divestment of its 100 per cent stake in 99 megawatt hydroelectric power plant at Singoli-Bhatwari in Uttarakhand.
Read More
GMR Infra gets first tranche towards stake divestment in Kakinada SEZ
Updated : 4 years, 7 months ago IST
New Delhi [India], August 13 (ANI): Diversified conglomerate GMR Infrastucture Ltd on Friday announced the receipt of total first tranche consideration towards sale of 51 per cent equity owned by its wholly-owned subsidiary GMR SEZ and Port Holdings Ltd (GSPHL) in Kakinada SEZ Ltd (KSEZ) to
Read More
L&T sells Singoli-Bhatwari hydroelectric project to Renew Power for Rs
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 11 (ANI): Larsen & Toubro on Wednesday announced divestment of 100 per cent stake in 99 megawatt run-of-the-river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower Ltd (LTUHPL) to Renew Power Services Pvt Ltd.
Read More
JSPL accepts revised offer from Worldone to divest 96.42 pc stake in Jinda
Updated : 4 years, 7 months ago IST
New Delhi [India], August 8 (ANI): Jindal Steel and Power Limited's Board accepted the revised binding offer from Worldone Private Limited (acquirer) to divest its 96.42 per cent stake in Jindal Power Limited (JPL), a material subsidiary of JSPL, the company informed.
Read More
JSPL to launch transparent competitive bidding process for JPL Divestment
Updated : 4 years, 7 months ago IST
New Delhi [India], July 25 (ANI/Jindal Steel and Power Ltd): JSPL prides itself in putting minority shareholder interests at the forefront of its decision making process and has decided to launch an additional transparent competitive bidding process for the proposed stake sale of JPL.
Read More
Gallagher to acquire 100 pc stake in Edelweiss Gallagher Insurance Brokers
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Diversified financial services firm Edelweiss on Friday announced divestment of its stake in Edelweiss Gallagher Insurance Brokers Ltd (EGIBL).
Read More
India's bank privatisation plans can face hurdles amid Covid: Fitch
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
Read More
JSPL makes pre-payment of Rs. 2,462 crore to lenders
Updated : 4 years, 10 months ago IST
New Delhi [India], May 10 (ANI): Jindal Steel and Power Ltd (JSPL) said on Monday it has made a pre-payment of Rs 2,462 crore to its term lenders.
Read More
JSPL to divest coal fired power business for Rs 3,015 cr
Updated : 4 years, 10 months ago IST
New Delhi [India], April 27 (ANI): Jindal Steel and Power Ltd (JSPL) said on Tuesday it has accepted a binding offer from Worldone Pvt Ltd to divest its 96.42 per cent stake in Jindal Power Ltd (JPL) in an all-cash offer of Rs 3,015 crore.
Read More